Lots and lots of Traders completely misunderstand the idea of how price arranges.
Patterns are simply not magic. They are built from buyers and sellers and to trade any market formation you need to trade INLINE with this.
That means no guessing, rather watching key PA levels.
Also, it means scaling your capital and risk as the market progresses.
AND Trading...
Hey Guys,
In this video I'm doing a Analysis of the SPX and what we can look for in 2023. We will also cover what led us to this point and why..
Planning ahead in Trading is essential to success, but only planning the correct way using market inference of previous price and sentiment works..
Happy XMAS and Trade Safe!
So we looked short, looked long and now we must make another decision about the direction of the market.
Remember your job as a trader is to INFER whats going on at all times. Noting whether you have seen price action cause the market to move one way or the other.
Once you know this, you can make it a repeatable process.
Lets chat about it.
Trading Factually. What does it mean?
It means gauging market value based on Price levels we can see.
Not taking trading decision based on what we think.
Master this and it'll change your trading.. A LOT.
Watch for more.
As we said the SPX will TRICKLE. A lot of the time in falling markets (when it takes time, just read back a bit on the chart) you will stumble.
This is because price levels must be BROKEN. Unless its a dramatic unexpected fall.. Like Covid.
So we PRE Plan for this.
Trading in STAGES not all at once. It's a little better :)
Watch to be Prepared!
Hey Guys, We previously looked at the SPX in such a way as shown in this video.
We are WILLING to hold off on poor market sentiment and take accurate entries.
Once we have taken them we MANAGE our Trading accordingly.
(apologies for the tired / Quiet voice im on holiday in Antibes!
There's nothing I enjoy more than telling people hey, Take a Trade Here Or There.
That's because it means they are being WISE to what is required to enter and exit the market repeatedly for profit. This does not require a Genius. This doesn't require you to be a millionaire.. It just requires KNOWLEDGE so you can gain power over the Market. This knowledge is...
When trading the SPX you need to be IN TOUCH with market sentiment and judge market value accordingly..
Also, you need to be able to tell the difference between two candles!
In this video we discuss assessing value at any time to make a profitable strategy.
Watch on to see more!
If you are an SPX Investor looking for entry it is always wise to adjust your risk and understand the effect of sentiment on the market. We can judge market value easily with basic understanding of Risk management and market scaling.
Also to understand how LOW we can go is important and holding off until YOU are comfortable with your trading plan.
Watch to see more.
We previously looked long and hit some very early targets on the rise. We now arrive at some strong resistance and we are amid worsening sentiment. We can therefore look lower for longs as shown in the plan.
